NJ > Newark City
Newark City, NJ 07103,490 S 20Th St
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Randi Bennett & Tracy Warsaw

Randi Bennett & Tracy Warsaw

+1(973) 404-0563
$ 650,000
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Open 4/19 12PM-3PM

490 S 20Th St Newark City, NJ 07103

5 Beds

2 Baths

1,826 SqFt

OPEN HOUSE

Sat Apr 19, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,826 sqft

Price per Sqft $355

MLS Listing ID 3957212

Style 2-Two Story

Bedrooms 5

Full Baths 2

Year Built 1924

Annual Tax Amount $4,932

Tax Year 2024

Lot Size 3,049 Sqft

Property Description

Welcome to 490 S. 20th St., Newark on West Side in redevelopment area"a fully renovated 2-family investment opportunity offering strong rental income and long-term upside. Both units feature spacious 2-bedroom/1-bath layouts, with the second-floor unit including an extra office or nursery. Extensive upgrades include brand-new kitchens and bathrooms, a new roof, new plumbing, 2 new water heaters, and a new furnace. Separate utilities for convenience. Estimated rental income delivers immediate cash flow. Bonus: full-height basement with expansion potential. Perfect for investors or savvy buyers seeking a turnkey multi-unit property with strong cap rate and future upside. Located close to parks, shopping, and public transportation. Being Sold Asi-Is. CO and Fire Certs done.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished, Walkout

Interior

Interior Features Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks, Vinyl Siding, Wood

Parking Features See Remarks

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

High Schools Technology

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by LIFESTYLE INTERNATIONAL REALTY
agent

Randi Bennett & Tracy Warsaw

Sales Agents

+1(973) 404-0563

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